Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Kid Berwyn

(25,574 posts)
Thu Jul 2, 2026, 12:17 PM 3 hrs ago

Trump Loaded Up on ABT Stock Before His DOJ Dropped Criminal Probe

The New Octopus -- The Nightmare by Mark Bryan.



Trump Loaded Up on Abbott Laboratories Stock Before His DOJ Dropped Criminal Probe

Abbott, which donated $500,000 to the president’s inaugural fund, faced an investigation stemming from alleged deadly contamination at one of its baby formula plants in Michigan.


by Jake Johnson
Common Dreams, July 02, 2026

US President Donald Trump last year purchased hundreds of thousands of dollars of Abbott Laboratories stock before his Justice Department dropped a years-long criminal investigation into the company, which was accused of misconduct after infant hospitalizations and deaths were linked to one of its baby formula factories.

The stock purchases were revealed in the president’s annual financial disclosure report, which spans 927 pages and shows thousands of trades valued at over $1 billion. Trump’s first purchase of Abbott stock last year was made in late September, and the president bought around $500,000 worth of shares in total in 2025, according to the nonprofit media organization More Perfect Union.

The Wall Street Journal reported on Sunday that “top decision makers” at the Department of Justice shut down the criminal investigation into Abbott—which donated $500,000 to Trump’s inaugural fund—even though “some prosecutors believed they had evidence to criminally charge the company under a law they have used to pursue other businesses for allegedly selling contaminated foods.”

Snip...

The Food and Drug Administration received reports of at least nine infant deaths linked to baby formula produced at Abbott’s Sturgis plant, which the company temporarily shut down amid fears of dangerous contamination. The Justice Department launched its investigation into Abbott, the largest infant formula manufacturer in the US, in 2023, under the administration of former President Joe Biden.

Continues...

https://www.commondreams.org/news/trump-abbott-laboratories

Traitor may be a stupid turd, but he sure knows how to transform "public service" into a self-service all you can grift smorgasbord of crime.

24 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Trump Loaded Up on ABT Stock Before His DOJ Dropped Criminal Probe (Original Post) Kid Berwyn 3 hrs ago OP
Blatant underpants 3 hrs ago #1
Yep, but "when you're a star, they let you do it" -- like the blatant lying William Seger 1 hr ago #13
Trump Trackers Kid Berwyn 28 min ago #17
Always a pay off for him, always. Passages 3 hrs ago #2
Gov. Newsom noticed that, too. Kid Berwyn 27 min ago #18
He's the most corrupt politician in American history. Only list of "accomplishments" he'll ever top. highplainsdem 3 hrs ago #3
True. Lucky for us he's vain and ignorant. Kid Berwyn 24 min ago #19
I really hope some bigger news outlets pick this story up AZJonnie 3 hrs ago #4
Also saw the report on 'Common Dreams,' hardly a major news source. sop 2 hrs ago #10
Common Dreams has been a rock of truth since Baby Doc Bush ignored Osama bin Laden. Kid Berwyn 21 min ago #20
This is an insult to cephalopods! harumph 3 hrs ago #5
Totally. Kid Berwyn 12 min ago #21
And absolutely nothing will be done about it. bif 3 hrs ago #6
Hopefully, soon after January 3, 2027... Justice matters. 1 hr ago #11
GOP Prohibition should end January 1, 2027. Kid Berwyn 8 min ago #23
It's not insider trading, it's just a coincidence, see? LudwigPastorius 2 hrs ago #7
Everything he does is so fucking criminal. Initech 2 hrs ago #8
A Major was arrested yesterday for speaking out Ponietz 2 hrs ago #9
Trump has probably been involved in hundreds of similar market manipulation schemes since being re-elected. sop 1 hr ago #12
I'm so old I can remember back when this wasn't allowed, especially for a President FakeNoose 1 hr ago #14
The teleprompter at Felon47's next speech needs to include Ilsa 1 hr ago #15
Next to Putin hes the world biggest financial criminal. BradBo 51 min ago #16
That's for sure malaise 8 min ago #22
He's a crime savant lame54 6 min ago #24

highplainsdem

(63,808 posts)
3. He's the most corrupt politician in American history. Only list of "accomplishments" he'll ever top.
Thu Jul 2, 2026, 12:31 PM
3 hrs ago

Kid Berwyn

(25,574 posts)
19. True. Lucky for us he's vain and ignorant.
Thu Jul 2, 2026, 03:42 PM
24 min ago

Still, he's done much harm to the Constitution and caused great injury to We the People.

Tracking Trump’s Attacks: Justice Under Siege

https://demandjustice.org/priorities/justice-under-siege/

AZJonnie

(4,235 posts)
4. I really hope some bigger news outlets pick this story up
Thu Jul 2, 2026, 12:35 PM
3 hrs ago

Mainly for the exposure. If accurate this a really bad one for Trump because it involves babies dying. If there's one thing that pretty much everyone agrees with, it's that when giant corporations cause the death of infants due to greed and/or negligence, it pisses people off.

But also for more personal reasons insofar as I want to share it widely on social media, however, I've been burned by putting too much trust in a Common Dreams-sourced story. Don't get me wrong, I like them, but won't trumpet out their reporting unless I get confirmation from larger sources

sop

(19,967 posts)
10. Also saw the report on 'Common Dreams,' hardly a major news source.
Thu Jul 2, 2026, 02:03 PM
2 hrs ago
https://www.commondreams.org/news/trump-abbott-laboratories

The level of corruption reported in this story just takes your breath away. A huge payoff to Trump so his DOJ will drop an investigation involving dead babies, then he personally cashes in on the stock. It just doesn't get any more blatant.

Kid Berwyn

(25,574 posts)
20. Common Dreams has been a rock of truth since Baby Doc Bush ignored Osama bin Laden.
Thu Jul 2, 2026, 03:45 PM
21 min ago

True, no organization is perfect. However, the resources the few members of Corporate McPravda (CIABCNNBCBSNYTWaPoFauxNewsNutworks) have at their disposal dwarfs what Common Dreams can raise. The rest of the nation's news media should follow their example.

Kid Berwyn

(25,574 posts)
21. Totally.
Thu Jul 2, 2026, 03:54 PM
12 min ago

My own personal comfort invertebrate is the Cuttlefish.

.webp

Background for those new to the subject:

Experiment reveals cuttlefish have a 'sophisticated brain'

https://www.bbc.co.uk/newsround/51392291

No backbone, but plenty of computing power and the ability to camouflage one's self into the background.

Justice matters.

(10,251 posts)
11. Hopefully, soon after January 3, 2027...
Thu Jul 2, 2026, 02:12 PM
1 hr ago

Vote Blue For The Blue Tsunami!

Spread all the swampy pedo's blatant corruption around, and mostly to the Blue candidates!

Kid Berwyn

(25,574 posts)
23. GOP Prohibition should end January 1, 2027.
Thu Jul 2, 2026, 03:59 PM
8 min ago

Speaker Mike Johnson told a conservative audience, "If we lose the midterms... these Democrats... will turn every committee of Congress into an investigative body, and they'll go after the president's family, the Cabinet, his donors, friends... I run the protection program. I'll take care of you, OK?"

They sound scared, Brother.

LudwigPastorius

(15,299 posts)
7. It's not insider trading, it's just a coincidence, see?
Thu Jul 2, 2026, 01:33 PM
2 hrs ago

...and if it's not a coincidence, then it's an "unofficial act" that comes with presumed immunity thanks to the SCROTUS (Supreme Court Republicans Of The United States), see?

Ponietz

(4,663 posts)
9. A Major was arrested yesterday for speaking out
Thu Jul 2, 2026, 02:02 PM
2 hrs ago

There are many Generals thinking the same. If Republicans rig midterms does the military do nothing? Shithole and Republicans have toppled this country — it’s 3rd world now.

sop

(19,967 posts)
12. Trump has probably been involved in hundreds of similar market manipulation schemes since being re-elected.
Thu Jul 2, 2026, 02:13 PM
1 hr ago

Also being reported: "Trump bought up to $5 million worth of stock in the corporation that makes Taser electroshock guns, police body cameras, and policing software two weeks before his administration announced the solicitation of a $220 million contract apparently tailored to the company’s product and services, CNBC revealed Monday."

"CNBC’s Luke Falcon reported that Trump disclosed the purchase of between $1-5 million in Axon Enterprise stock on February 10. Two weeks later, US Immigration and Customs Enforcement (ICE) announced it was seeking a five-year, $220 million deal for 17,800 conductive energy weapons, unlimited cartridges, and support services."

https://www.commondreams.org/news/axon-stock-trump

Ilsa

(64,775 posts)
15. The teleprompter at Felon47's next speech needs to include
Thu Jul 2, 2026, 02:46 PM
1 hr ago

the following: "And those of you with huge ownership in companies selling food and drugs for infants, you don't have to worry any longer about lawsuits for poisoning and killing infants and children! We've given you a pass and clear way forward to hold you harmless for taking whatever shortcuts keep your profits higher!"

I hate these guys.

Latest Discussions»General Discussion»Trump Loaded Up on ABT St...